ECB Villeroy backs 50bps hike this month to finish first half of the game

ECB Governing Council member Francois Villeroy de Galhau said in an interview on Sunday, for this month’s meeting, “it’s desirable to bring rates to 2%, so a rise of 0.5 or 50 basis points.” Bringing interest rate to 2% will market the first half of the game of normalization. “In the second half of the […]

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